Summary
Book Review
Fooling Some of the People All of the Time: A Long Short Story, by David Einhorn, John Wiley & Sons Inc., Hoboken, N.J., 2008, 356 pp., $29.95.See the full content of this document
Extract
A Matter of Free Speech
It all started six years ago at the Ira W. Sohn conference, the annual hedge fund and charity event where the world's best investors can publicize their finest investment ideas that have the potential to move the markets.
David Einhorn, founder of long/short hedge fund Greenlight Capital Inc., was one of those highly-regarded investors who spoke at the Ira Sohn conference on May 15, 2002. During the event, he recommended selling short the shares of Allied Capital Corp., a publicly-listed business development company that invests private debt and equity capital in middle-market businesses nationwide. Six years later, Mr. Einhorn looks back with a book that offers an equal dose of hope and bitterness. Mr. Einhorn is st...See the full content of this document
Sponsored links
